Rulings
NCLT: Admits insolvency petition against Paramshakti Steels; Discards Corporate Debtor’s flimsy, baseless contentions
NCLT: Directs PNB to refund amount recovered post commencement of CIRP of Super Multicolor Printers
NCLT: Initiates CIRP against Ashok Magnetics, no suppression of material facts by Financial Creditors
NCLT: Initiates CIRP; Regards legal assignee of debt as ‘Financial Creditor’ under IBC
NCLAT: Admits insolvency petition post 180 days from IBC commencement with requisite fees
SC: Initiation of Arbitration post moratorium's imposition non est in law
NCLT: Thwarts Company’s attempt to take shelter under moratorium to evade dues repayment
HC: Transfers winding-up petitions to NCLT under IBC; Upholds ex-Director’s locus standi
HC: Rejects appeal against alleged non-speaking order upholding arbitral award
HC: Claim raised by Workers’ Union on ex-workmens’ behalf to be examined by appropriate forum